We now have a good 30 year funding option for buy and hold investors who can't or don't want to get a conventional bank loan but have don't want to have to refinance every two to five years. You need a 630 or above mid-fico score and must be cashflowing, so do your rehabbing first and then refinance into this longer term product. Rates are between 6.45% and 8.35% over 30 years, fixed rate. Will loan up to 75% LTV. This lender can close in 10-14 days.
30 Year Funding Optionby